Saudi Arabia will continue to overlap with OPEC + oil cuts

Saudi Arabia’s October output would be 9.890 million barrels a day, Prince Abdulaziz bin Salman said after a meeting of ministers from the Organization of Petroleum Exporting Countries and its Russian-led allies.

He said there was a clear willingness between OPEC and its allies to respond, adding that discussions on deeper cuts would be left at the next OPEC meeting.

Saudi Arabia’s new energy minister said on Thursday that the kingdom would continue to voluntarily exceed oil production cuts agreed by the OPEC + producers’ alliance./Investing.com